Vodafone Ukraine, the mobile communications operator, saw UAH 2.9 billion of revenue in January-March 2018, which is 2.1% more than a year ago.
According to a financial report of the operator published on Wednesday, net profit in Q1 2018 fell by 30.75%, to UAH 367 million.
Operating income before depreciation and amortization (OIBDA) grew by 17.6% year-over-year, to UAH 1.5 billion.
OIBDA margin reached 52.8%, a rise by 7 percentage points (p.p.) year-over-year.
Net profit in Q1 2018 totaled UAH 367 million, which is UAH 163 million less than a year ago. The main reasons for the reduction of profit were the increase in amortization expenses and devaluation of long-term assets in eastern Ukraine.
Subscribers’ revenue in Q1 2018 grew mainly thanks to organic growth of revenue from data transfer. In the period, Vodafone Ukraine increased revenue from data transfer 1.5-fold.
The subscribers’ base reached 20.7 million clients in Q1 2018. The number of data users grew by 1.2 million in a year.
Early 2018 Vodafone Ukraine significantly increased investment in infrastructure – UAH 1.2 billion in Q1 2018, including the cost of 4G licenses, investment in development of 3G and 4G networks.
Today high-speed 4G Internet is provided in 25 cities of Ukraine. Over 1 million clients of Vodafone Ukraine used 4G mobile Internet. 3G coverage is available for over 80% of residents of Ukraine in over 10,000 cities and towns.
Vodafone Ukraine is the second largest mobile communications operator in the country which serviced 20.8 million subscribers as of late 2017.
One troy ounce=31.10 grams
Exports of grain from Ukraine since the beginning of the 2017/2018 marketing year (MY, July-June) and as of May 23 amounted to 35.999 million tonnes, which is 3.68 million tonnes less than on the same date a year earlier, the Ministry of Agrarian Policy and Food has said.
According to the report, in particular, wheat exports amounted to 15.95 million tonnes (501,000 tonnes less from the previous MY, exports of maize to 15.66 million tonnes (2.18 million tonnes less), barley to 4.19 million tonnes (962,000 tonnes less), and rye to 35,000 tonnes (29,600 tonnes more).
Export of flour amounted to 393,500 tonnes (64,300 tonnes more).
As reported with reference to the ministry, Ukraine in the 2016/2017 MY exported 43.9 million tonnes of grain.
According to the ministry’s forecasts, grain exports from Ukraine in the 2017/2018 MY will amount to 41 million tonnes.
The Antimonopoly Committee of Ukraine (AMC) has allowed Dragon Capital Investments Limited (Cyprus) to acquire Korma Development LLC (Kyiv), owned by Europolis GmbH, which is part of the large real estate group CA Immo Group (Vienna, Austria).
According to the AMC, the agency permitted Dragon Capital Investments Limited to acquire a stake in the charter capital of Korma Development, which provides the buyer with over 50% of the voting shares on the company’s board.
According to the unified state register, Korma Development is the owner of a 100% stake in the charter capital of Europolis Property Holding LLC (Kyiv).
Europolis Property Holding owns several land plots in the village of Kolonschyna in Kyiv region near highway E-40 (M-06), which are designed for construction and operation of storage facilities.
The total area of the plots is about 50 hectares.
According to CA Immo Group, in 2017 it sold a site with an undeveloped project in Ukraine. As of 2015, the company estimated the value of the Ukrainian asset at EUR3.4 million.
Dragon Capital Investments Limited is part of Dragon Capital Group, founded in 2000, which is one of the largest in the Ukrainian investment market. It works in the field of direct investment and financial services, provides a full range of investment banking and brokerage services to corporate and private clients.
DTEK’s mines in April 2018 increased gas coal production by 5% compared to April 2017, to 2 million tonnes, the company’s press service has reported.
“The growth in production at DTEK Pavlohradvuhillia in April this year was 3% compared to April 2017, to 1.7 million tonnes, at DTEK Dobropilliavuhillia it stood at 19%, to 334,000 tonnes,” the report said.
According to the press service, in April the company invested UAH 387 million in the development of production at the mines of DTEK Pavlohradvuhillia and DTEK Dobropilliavuhillia. Of these, UAH 167 million was invested in the purchase and overhaul of purification equipment, UAH 94 million in capital mining and UAH 29 million in tunnel equipment.
Since the beginning of the year, 12 longworks have been commissioned at DTEK’s coal enterprises.
